ON HOLD - $1.00 - 1871 PCGS PR63CAM CAC

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sold out

ON HOLD - $1.00 - 1871 PCGS PR63CAM CAC

11,750.00

Date…….1871
Grade…….PCGS PR63CAM CAC
PCGS Price Guide.….….…N/A (15k in 64)
Population (PCGS).……….1/4
Population (NGC).…….…..0/3
Population (CAC).……..…..1/1
Serial Number…….87621.63/37658172
PCGS Lookup Number…….87621

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RARE PROOF 1871 GOLD DOLLAR

Just 30 Proof 1871 gold dollars were made and most experts believe that around half of the original mintage survives. This issue tends to be overlooked (as are nearly all gold denominations of this date) as there are sexier issues struck in the coming years—1973 and 1875—but it is legitimately rare.

This piece faces up really well for the grade. It is bright and reflective with good contrast noted between the devices and the fields. There are some very faint old lines on the obverse—mainly in the left field—which are no doubt the result of this coin being slightly mishandled in an old cabinet or flip. The visual appeal is excellent.

No Proof 1871 gold dollar in any grade has been sold at auction since Heritage 2013: 5795, graded PR65CAM by PCGS, brought $21,150. Since the summer of 2004, just three Proofs of this date have been sold at auction. The only PR63 to sell was the Bass III: 50 coin which brought $6,325 in May 2000.

In my experience, this is one of the rarest Type Three gold dollars and it should command more of a date premium than it currently does.

For Cameo examples of this date, CAC has approved two coins: this and a PR65. Only one other Proof 1871 gold dollar has been approved by CAC: a PR65DCAM.

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